Fresh uptrend likely for NZD/USD says Danske with a break above the 16-month trendline drawn from the 0.8842 peak seen in August 2011. The bank says its immediate focus is on the Sept. 28 high of 0.8357, then 0.8471, 0.8572 and then a return to 0.8842. Now at 0.8335 only below the December low of 0.8170 would stall the uptrend says Danske.
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